DESCRIBING the occasion as “an important milestone in a story which stretched back many years”, Queensland Treasurer Andrew Fraser officially opened Springfield Tower yesterday.
He said in the midst of a global economic crisis, it was essential that infrastructure projects such as Springfield Tower were encouraged for the state's future growth.
The 10-storey $60 million tower is currently at 65 per cent capacity.
Tenants include electronics giant NEC and companies such as Cardno, GHD Engineering and Suncorp, with space provided for up to 600 employees.
“By building a city from scratch, it's been possible to implement the very best and most efficient communications network from the ground up, providing unrivalled access to services and functionality for all businesses,” Springfield Land Corporation's Maha Sinnathamby said.
Ipswich Mayor Paul Pisasale said Springfield Tower was the first of many high-rise buildings planned for the 18-hectare Parkside business precinct, which has approval for 600,000 square metres of commercial space.